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Which? director Richard Lloyd to leave consumer champion

Which? executive director Richard Lloyd is stepping down in May after five years at the consumer champion. Lloyd, who joined Which? in April 2011, says he will take a break over the summer before pursuing a new role. He leaves on 20 May. He says: “I am immensely proud of how many more people Which? […]

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Alarm raised over auto-enrolment scheme run by advisers

Advisers recommending poor-quality pension schemes could be “the next major scandal”. In recent weeks The Pensions Regulator has raised the alarm over the ease with which master trusts can be set up and the lack of regulatory oversight compared to contract-based arrangements. Additionally, the Department for Work and Pensions has banned commission payments to advisers – […]

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Aegon closes in on Cofunds deal

Aegon has reached a verbal agreement on a deal to purchase L&G-owned platform Cofunds, Money Marketing understands. In addition, it is understood Capita and platform technology provider Bravura are working on their own joint bid for Cofunds. The move follows months of speculation over the platform, which in September last year Money Marketing revealed had […]

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Smoke and mirrors: How pensions will suffer due to hidden fund charges

New watchdogs tasked with holding pension providers to account will effectively be working with one hand tied behind their back as delays to EU rules cause fund transaction costs to remain hidden for longer. The FCA and the Department for Work and Pensions are working on measures to boost disclosure but expected delays to European regulations […]

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Guide: how to… communicate with your pension members

Effective communication of your pension scheme is a large part of getting auto-enrolment right. Delivering the same message to all employees is not necessarily the way to go. To assist you with the communication of your pension scheme, we have provided some key areas to think about, such as:

  • What to consider when segmenting your workforce
  • How to communicate to pension scheme members at the right time in their member lifecycle
  • What topics you should be discussing with your pension members
  • The new pension freedoms and the importance of communicating them

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